Highly profitable Bridal Boutique in Dubai

06/03/2016

$ 1,366,100

Size of the place: 4000 sq. f.

Rent: AED 483.840 ($ 132.200) annually

License: AED 20.000 ($ 5.460) annually

Revenue: AED 1.383.000 ($ 377.900) annually

More details

Highly profitable Bridal Boutique in Dubai

Highly profitable Bridal Boutique in Dubai

Size of the place: 4000 sq. f.

Rent:...

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The bridal boutique is located in Jumeirah Beach Road - in main strategic locations in Dubai. The shop was established in 2012 and has already accumulated a large database of regular customers.

The company sells all kinds of bridal materials and exquisite designer gowns featuring Brands from India, Pakistan and Italy. The shop is equipped with all necessary equipment and sewing machines and is fully furnished. The company has a big potential for growth and development. Therefore it will be a lucrative investment for a new owner.

Details:

Location: Jumeirah, Dubai

Year of establishing: 2012

Sponsorship: AED 10.000 ($ 2.730) annually

Staff: 1 brand manager, 2 sales managers, 3 tailors, 4 hand embroidery workers, 5 helpers

Assets: inventory, furniture, equipment, goodwill.

The concept of the business: bridal boutique with “shop in shop” concept (the shop gives space to other designers from India, Pakistan to display their goods).

Net profit: AED 751.000 ($ 205.200) annually

Marginality is 54%, and yield on investment is about 15% per year.

Summarizing:

Selling price: AED 5.000.000 ($ 1.366.100) (negotiable)

Buying this business you get:

  • fully equipped bridal shop with running license;
  • premium location;
  • a well-known brand name;
  • well-established database of suppliers;
  • data base of standing customers;
  • company’s assets;
  • highly qualified staff;
  • great opportunities to develop the business and increase the profits;
  • legal support of the deal and guarantee of full safe execution.

The retail industry in the UAE is among the main industries. Be sure, with right owner and management this business will bring sustainable and high profits for next 10 years and more.

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